Cardano’s Charles Hoskinson Predicts Ethereum’s Collapse Within 15 Years
$ADA Cardano founder Charles Hoskinson has issued a stark warning about Ethereum’s long-term sustainability, claiming the second-largest cryptocurrency by market capitalization could face collapse within the next 10 to 15 years. Speaking in a series of recent interviews and statements, Hoskinson highlighted critical design flaws, centralization risks, and governance failures that he believes could eventually render Ethereum obsolete.
The Warning: Ethereum's Fragile Future
Hoskinson, who was one of Ethereum’s original co-founders before launching Cardano in 2017, expressed deep concerns about Ethereum’s current architectural direction. According to Hoskinson, Ethereum’s reliance on the Ethereum Virtual Machine (EVM) and the complexity of its consensus upgrades have created an ecosystem that is both rigid and difficult to evolve.
“If Ethereum keeps going down this path, there is a real chance it could collapse within the next decade or so,” Hoskinson stated in a recent interview, as cited by Coinfomania.
Key Risks Identified by Hoskinson
Hoskinson laid out several technical and philosophical issues that, in his view, put Ethereum at risk:
Protocol Inflexibility: Ethereum’s architecture makes it difficult to implement core protocol changes without forking the entire chain. This rigidity slows down innovation and responsiveness to emerging threats.
Lack of Formal Governance: Hoskinson criticized Ethereum for having a vague governance model. Without a clear path for protocol upgrades or decision-making, he believes the network is vulnerable to stagnation.
Centralization of Influence: He also raised alarms about growing centralization in Ethereum’s developer community, especially the dominance of a few key individuals and companies that control the direction of the protocol.
Dependence on Layer 2 Solutions: Hoskinson believes Ethereum is overly reliant on third-party Layer 2 scaling solutions like Arbitrum and Optimism. This adds complexity and undermines Ethereum’s goal of